Question
1.) All of the following demographics will aid in predicting the future success of a real estate investment except a. family size and composition b.
1.) All of the following demographics will aid in predicting the future success of a real estate investment except
a. family size and composition
b. current shifts in population
c. number of births to unmarried women in the area
d. the age and income of the population
2.) How many units can be built on a parcel of land 114 feet wide and 360 feet deep if the building code requires 7 feet for each side yard, 25 feet for a front yard, and 35 feet for a rear yard, with 600 square feet of net lot area allowed per unit?
a. 50 units
b. 53.5 units
c. 60 units
d. 68.4 units
3.) Subdivision and deed restrictions
a. expire on the sale of the individual property
b. are covenants that must be renewed annually
c. are enforced by the local zoning
d. are only as effective as the persons who enforce them
4.) The distinction of a planned unit development is
a. the large number of units required
b. the elimination of side yard requirements
c. its restriction to suburban areas only
d. its limitation to residential developments only
5.) The rate of return, based on purchase price, that would make investors purchase an investment property is
a. investment rate
b. attraction rate
c. capitalization rate
d. discount rate
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